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Government of Odisha approves 8 new industrial projects worth INR 1242.02 Crore

Bhubaneswar, 9th February 2021: The 98th meeting of the State Level Single Window Clearance Authority (SLSWCA) held today under the chairmanship of Chief Secretary Shri Suresh Chandra Mahapatra approved 8 industrial projects to the tune of INR 1242.02 crore in the Metal & Metal Downstream, IT & ESDM, Manufacturing, Logistics and Tourism sectors. These industrial projects are further expected to render 3135 employment opportunities in the state.

 The details of the eight projects for which in-principle approval was accorded by SLSWCA is listed below:

  • A 30,000 MTPA Atomized Iron Powder plant by M/s SLM Powders Private Limited against an investment of INR 67.83 crore to be set up in IDCO – Kalunga Industrial Estate, Dist – Sundergarh, which will generate potential employment opportunities for over 430 persons.
  • A manufacturing unit of PET Preforms and Closures (Unit-II) of 24,000 tonnes /annum capacity for the Food & Beverage Industries to be set up by M/s Oricon Enterprises Ltd in Khordha with an investment of INR 120 crore, which will generate potential employment opportunities for over 110 persons.
  • A Manufacturing unit for production of Solar Panel, Advanced storage batteries like Li-ion Battery, Electronics Products for Energy Management, Electromechanical Components and USB data cable and HDMI cable by M/s Surya International at EMC Park (Info Valley), Dist- Khordha with an investment of INR 67.50 crore, which will generate potential employment opportunities for over 680 persons.
  • A Logistics Park by M/s Jagannath Industrial and Logistics Parks Private Limited at Tangi Choudwar in Cuttack with an investment of INR 140 crore, which will generate potential employment opportunities for over 110 persons.
  • Integrated Heavy Beach Sands Project by IREL IDCOL Ltd. at Krushnaprasad in Puri with an investment of INR 460 crore, which will generate potential employment opportunities for over 800 persons.
  • A 5-star Hotel-cum-Luxury Resort by M/s Pravat Hospitality Private Limited in Puri with an investment of INR 135.69 crore, which will generate potential employment opportunities for over 350 persons.
  • A 5-star Luxury Resort by M/s. Swosti Premium Ltd in Puri with an investment of INR 134 crore, which will generate potential employment opportunities for over 310 persons.
  • A 4-star Hotel by Hotel Eden Roc in Bhubaneswar with an investment of INR 117 crore, which will generate potential employment opportunities for over 345 persons.

 With major reforms, IPICOL has recently submitted the State Reform Action Plan (SRAP) – 2020 as stipulated by DPIIT, Government of India. Odisha has considerably improved the ease of doing business, through a string of reforms. These, calibrated with the government’s policy initiatives, have helped the State attract investments worth of INR 1,20,456.74 Crores in the last 1 year across the six focused sectors.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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